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Brokerage
Posted: June 14, 2022
CBRE arranges two new office leases at The Gateway Building
White Plains, NY CBRE has completed two new office leases at The Gateway Building, a Class A office tower located at 1 North Lexington Ave. in the Central Business District and just steps from the White Plains Metro-North Train Station. International law firm Greenberg Traurig inked a 19,852 s/f lease while the Sabra Dipping Company, a U.S.-based maker of refrigerated dips and spreads co-owned by PepsiCo and the Strauss Group, committed to 6,655 s/f within the 19-story building.
The CBRE team of William Cuddy, Jr. and Jacqueline Novotny led leasing at The Gateway Building and represented the owner, Gateway I Group, Inc., in the lease negotiations. Greenberg Traurig was represented by Greg Frisoli and Mike Shuler, both executive managing directors at Newmark. Sabra was represented by Ben Brenner and Ethan Silverstein at Cushman & Wakefield.
“Both tenants were looking to relocate to downtown’s premium office setting in a building close to regional transportation options,” said Cuddy. “The Gateway Building fit their real estate requirements perfectly given the property’s high walkability score and access to the Metro North train station into NYC just one block away.”
Previously located at 777 Westchester Ave., Sabra will occupy part of the 12th floor of the 530,519 s/f office property. Greenberg Traurig will relocate its offices from 445 Hamilton Ave. to the eighth floor.
The Gateway Building is a LEED Silver, Wired and Well Certified office tower.
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